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in alleviating poverty, while saving at very low rates and neglecting investment in health and education. Such … consumption patterns seem to be related to the persistence of poverty. We offer an explanation for this observation, based on a … can help explain the persistence of poverty. …
Persistent link: https://www.econbiz.de/10005504622
This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the …, inequality will then be associated with less, rather than more, redistributive taxation. Furthermore, if the poor are liquidity … constrained then the positive association between inequality and fiscal conservatism will increase the persistence in the dynamics …
Persistent link: https://www.econbiz.de/10005136638
global poor for many years to come. This “new geography of global poverty”—with the mass of the poor living in stable, non … special weight be given to the poor in poor countries? How, if at all, should international agencies with a focus on poverty … greater debate on the new geography of global poverty. …
Persistent link: https://www.econbiz.de/10009207525
reduce some forms of poverty and inequality but worsen others, so the net effects are unclear without empirical modeling … the remaining distortions to world merchandise trade on poverty and inequality globally and in various developing … inequality, largely by boosting net farm incomes and raising real wages for unskilled workers in developing countries, and would …
Persistent link: https://www.econbiz.de/10008468695
rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the …
Persistent link: https://www.econbiz.de/10005498039
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10009144731
The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...
Persistent link: https://www.econbiz.de/10005788942
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …
Persistent link: https://www.econbiz.de/10011083803
estimates of the impact of adjustment on poverty using household income and expenditure surveys currently available in LDCs. It … proposes the use of decomposable poverty indices as a tractable vehicle for calculating the impact of adjustment on overall … poverty. This framework does require, however, reasonably disaggregated data on income distribution. …
Persistent link: https://www.econbiz.de/10005661633
A bargaining solution balances fairness and efficiency if each player's payoff lies between the minimum and maximum of the payoffs assigned to him by the egalitarian and utilitarian solutions. In the 2-person bargaining problem, the Nash solution is the unique scale-invariant solution satisfying...
Persistent link: https://www.econbiz.de/10009324194